Property Details

Applebee’s

Richmond, VA
Property ID: 2268

    Financial Summary

    Asking Price $4,093,754
    Cap Rate 5.78%
    Net Operating Income (NOI) $236,619
    Lease Type NNN
    Lease Term Remaining 12 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Rick Fernandez
    Senior Managing Director
    703.787.4732

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    Highlights

    • White Oak Village outparcel loction in dense retail trade area at Laburnum and I-64
    • Located off I-64 at exit 195 near Super Target, Lowe's, JC Penney, and Sam's Club
    • Pylon sign visible from cross roads
    • Shadow anchored by Super Target, Lowe's, JC Penney, Sam's Club and Gold's Gym
    • 43,600 VPD at Laburnum and I-64
    • Strong sales and local 67 unit franchisee
    • The sixth largest franchisee in the Applebee's system

    Net Lease Advisor

    For more information on this tenant, including averages, overview and credit ratings, visit NetLeaseAdvisor.com.

    Location

    4306 S. Laburnum Avenue
    Richmond, VA

    Traci BidingerApplebee’s